London School of Economics

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The LSE had been founded in the late nineteenth century by Sidney and Beatrice Webb in a spirit of Fabian socialism, and in the thirties its director, Sir William Beveridge, continued that tradition. But in 1930s the School had also become the redoubt of a small group of economists radically antagonistic to the emerging on of social democratic interventionism that would come to be called Keynesian. This opposition was led by a triumvirate who lived cheek by jowl in Hampstead—Lionel Robbins, Friedrich von Hayek, and Arnold Plant.[1]


  1. Johns, Adrian (2010). Death of a Pirate: British Radio and the Making of the Information Age. W. W. Norton & Company, p 74.

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